• Hawala gaya 02 Dec 2020 21:53 In 1972 we were planning our first trip abroad. Foreign travel wasn't then the commonplace it's now become and we were very excited. The thought of seeing a country other than India excited us. The idea of the nine-hour plane flight to Heathrow …
  • Rupee settles 13 paise lower at 73.81 against US dollar 02 Dec 2020 10:52 The rupee pared its initial gains and settled for the day 13 paise lower at 73.81 (provisional) against the US dollar on Wednesday, tracking muted domestic equities. At the interbank forex market, the domestic unit witnessed a highly volatile trading …
  • Global Markets Take A Breather Following Tuesday's Rally 02 Dec 2020 10:15 Major global markets are trading lower on Wednesday on profit-booking following Tuesday's rally. The Dow futures are down by 0.37%, and the S&P 500 futures are trading 0.22% lower on the last check. WTI crude futures are down by 0.31% to $44.41, …
  • What can you expect from RBI policy? Here's what debt fund managers say 02 Dec 2020 08:39 What will RBI do this week? Hold rates? Or will it cut rates? These are the questions asked by bond market investors as the Monetary Policy Committee (MPC) starts its meeting tomorrow. The MPC meeting scheduled between December 2-4. According to money …
  • Rupee settles 37 paise higher at 73.68 against U.S. dollar 02 Dec 2020 07:07 The rupee appreciated 37 paise and settled for the day at 73.68 (provisional) against the U.S. dollar on Tuesday as positive domestic equities and sustained foreign fund inflows strengthened investor sentiment. Besides, positive developments on COVID-19 …
  • Rupee rises 25 paise to 73.43 against US dollar in early trade 02 Dec 2020 07:07 The rupee appreciated by 25 paise to 73.43 against the US dollar in the opening session on Wednesday on sustained foreign fund inflows and weak American currency. At the interbank forex market, the domestic unit opened at 73.45 against the US dollar, and …
  • Rupee hits one-month high on foreign fund inflows, traders wary of RBI 01 Dec 2020 19:39 The rupee strengthened on Tuesday to its highest level in 1-1/2 months, boosted by foreign fund inflows to equities, though traders remain wary of central bank intervention to prevent a sharp rally in the currency. The partially convertible rupee was …
  • Global Markets Rise, Dollar Weakens On Signs Of Robust Economic Recovery 01 Dec 2020 09:56 November was a month of historic gains across all markets, despite the last day fumble. Major global indices are higher on Tuesday after strong economic data raised hopes of a robust economic recovery.  The Dow futures are trading higher by 0.75%, and the …
  • Rupee Surges 25 Paise To 73.80 Against US Dollar In Early Trade 01 Dec 2020 06:31 The rupee appreciated 25 paise to 73.80 against the US dollar in the opening session on Tuesday, tracking strong domestic equities and sustained foreign fund inflows. Traders said investor risk sentiment improved on positive macro-economic data on the …
  • Ebix Is Listening; Shares Are A Strong Buy On Analysis Of Q3 Results 30 Nov 2020 23:41 Synopsis Readers familiar with Ebix (NASDAQ:EBIX) will know my transition from enthusiasm to utter dismay at the rise and fall of the company. The glory years (from '12 to '17) depicted a disciplined approach to becoming a leading Insurance …
  • A floating exchange rate? 30 Nov 2020 18:38 Addressing the elephant sitting on the economy By: Moazam Mahmood and Shamyla Chaudry We have a crisis of growth, felled by the pandemic. So does much of the world. But our growth was felled prior to that, by huge and increasing imbalances. Imbalance in …
  • RBI stares at lower returns as most reserves deployed in low yielding treasury bonds 30 Nov 2020 18:09 The Reserve Bank of India is staring at lower returns from its operations this year as its investment of as it has almost entirely parked the reserves accumulated this year into low yielding treasuries between April and September this year. The share of …
  • November Proves Historic For Stocks Globally Despite Last Day Fumble 30 Nov 2020 09:34 November has been a strong month for investors globally, with positive vaccine development news and economic recovery hopes leading to gains in stocks. The Dow is set for its best monthly performance since January 1987 and the S&P 500 and the Nasdaq …
  • Goldilocks Year Awaits Emerging Markets Defying Pandemic Rout 30 Nov 2020 06:19 Emerging-market investors seem to have everything going for them right now, with the November rally offering a hint of what 2021 may have in store. A plethora of tailwinds from accommodative central banks to an impending change of U.S. president and Covid- …
  • Stock, forex markets shut on Monday on account of Gurunanak Jayanti 30 Nov 2020 03:07 NEW DELHI: Stock and forex markets are shut on Monday on account of Gurunanak Jayanti. The commodities market will be shut in the morning session, but trade will resume in the evening session between 5 pm and 11.30 pm. Stocks in Asia swung from gains to …